Denuit, Michel M.; Eeckhoudt, Louis R.; Menegatti, Mario - 2009
EECKHOUDT
2
and Mario MGATI
3
February 2009
Abstrac
Many papers in the litterature have adopted the expected utility … adding risks generally ultimately decreases the probability of insolvency, the impact
on the insurer's expected utility is … définition of the insurer's utility function.
Keywords: expected utility, compensating premium, prudence, temperance …